PayPal’s China, Europe transaction volumes hit by strong dollar

October 28, 2015 publisher below-analysts, china, europe-shares, event-at-terra, francisco, from-markets, nasdaq, nearly-half, revenue-rose, seen-during, strong-dollar, terra-gallery, united

Payment processor PayPal Holdings Inc , spun off from eBay Inc reported quarterly revenue slightly below analysts' expectations as a strong dollar hurt its transaction volumes in China and Europe. Shares of PayPal, which listed for the second time on the Nasdaq in July, fell 5.6 percent in extended trading on Wednesday.

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PayPal’s China, Europe transaction volumes hit by strong dollar